empty
25.05.2021 03:31 PM
EUR/USD Price Analysis for 25th May
  • EUR/USD breaks above the multi-session consolidation.
  • Next on the upside emerges the 1.2300 hurdle.

This image is no longer relevant

EUR/USD advances to new monthly peaks in the 1.2260/65 band on turnaround Tuesday. The buying bias remains well and sound for the time being and allows for the uptrend to attempt an assault to the 1.2300 hurdle in the short-term horizon. Further north, another visit to the YTD peaks in the 1.2350 area (January 6) should not be ruled out.

Extra gains remain supported by the short-term support line (off March lows) around 1.2150. On the broader view, the constructive stance on EUR/USD is forecast to remain intact as long as it trades above the ascending trendline support since early May.

Of note, however, is that the daily MACD did not confirm the recent peaks, the formation of bearish divergence which could be indicative that a corrective downside is in the offing in the short term.

Jan Novotny,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forex forecast 18/04/2025: EUR/USD, GBP/USD, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:18 2025-04-18 UTC+2

Gold: Ongoing Uncertainty Continues to Support Gold Prices

Gold prices continue to receive support amid the fog of uncertainty surrounding the future course of the tariff wars initiated by Donald Trump. The price of gold has been climbing

Pati Gani 11:49 2025-04-17 UTC+2

EUR/USD Forecast for April 17, 2025

On Wednesday, the euro once again moved into the target range of 1.1385–1.1420. However, recent price behavior suggests that the 1.1385 level is now redundant — we're seeing a consolidation

Laurie Bailey 11:07 2025-04-17 UTC+2

GBP/USD Forecast for April 17, 2025

Yesterday, the UK released inflation data for March. Core CPI declined from 3.0% y/y to 2.8% y/y, and headline CPI dropped from 2.8% y/y to 2.6% y/y, below the forecast

Laurie Bailey 11:02 2025-04-17 UTC+2

USD/CAD Forecast for April 17, 2025

USD/CAD On the daily chart, the Marlin oscillator indicates that the price is poised for a potential upward reversal. Below remains the target level of 1.3746 and the lower boundary

Laurie Bailey 10:59 2025-04-17 UTC+2

Forex forecast 17/04/2025: EUR/USD, NZD/USD, USD/JPY, SP500 and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:59 2025-04-17 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday April 17, 2025.

From what we see on the 4-hour chart of the Nasdaq 100 index, there are several interesting things, namely, first, the price movement is moving below the MA (100), second

Arief Makmur 06:27 2025-04-17 UTC+2

Trading Signals for GOLD (XAU/USD) for April 16-18, 2025: sell below $3,320 (overbought - 21 SMA)

Early in the American session, gold is trading around 3,312 with a bullish bias after breaking out of the symmetrical triangle. Gold is now likely to continue rising

Dimitrios Zappas 18:20 2025-04-16 UTC+2

Forex forecast 16/04/2025: EUR/USD, GBP/USD, USD/CAD, Oil and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 09:55 2025-04-16 UTC+2

Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Wednesday April 16, 2025.

On the 4-hour chart, the USD/CAD commodity currency pair can be seen moving below the EMA (100) and the appearance of a Bearish 123 pattern and the position

Arief Makmur 07:37 2025-04-16 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.